EXOD
Exodus Movement, Inc.
EXOD has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has the edge over EXOD overall, supported by stronger fundamentals and stronger modeled upside.
EXOD Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Weak | |
| Strong |
EXOD's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are weak.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
EXOD PE Valuation
EXOD has no meaningful PE right now: it lost money over the past year.
SNDK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 3.8x | $937 | — |
| Current | 7.5x | $937 | — |
| Cheap | 17x | $2,173 | +132% |
| Fair | 24x | $3,048 | +225% |
| Expensive | 59x | $7,452 | +695% |
Historical ranges are pointers, not guarantees.
SNDK's PE is 7.5x, but its earnings don't support one, so it isn't a reliable read right now.
EXOD Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect EXOD's losses to shrink, with revenue growing.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for SNDK, with profitability improving.
EXOD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.80 | -234% |
| Q2 2026 | -$3.00 | -224% |
| Q1 2026 | -$1.26 | -$1.04 |
| Q4 2025 | -$1.53 | -112% |
| Q3 2025 | $2.83 | -72% |
| Q2 2025 | $2.42 | -76% |
| Q1 2025 | -$0.22 | -102% |
| Q4 2024 | $12.40 | +3000% |
EXOD has swung to a loss: it lost $3.80 per share over the past year, after a profit the year before.
SNDK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $247.30 | +97% |
| Q3 2026 | $125.61 | +$137.63 |
| Q2 2026 | $73.76 | +$85.07 |
| Q2 2025 | -$11.31 | -$6.65 |
SNDK has the edge over EXOD in the latest year-over-year earnings comparison.
EXOD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $32.5M | +7.2% |
| Q2 2026 | $26.2M | +1.6% |
| Q1 2026 | $22.7M | -37% |
| Q4 2025 | $29.4M | -36% |
| Q3 2025 | $30.3M | +51% |
| Q2 2025 | $25.8M | +16% |
| Q1 2025 | $36M | +24% |
| Q4 2024 | $46M | +149% |
EXOD's revenue is recovering but still below its 2024 peak: $33M last quarter, up 7.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -28% | -23 points |
| Q2 2026 | -83% | -53 points |
| Q1 2026 | -39% | +21 points |
| Q4 2025 | -18% | -59 points |
| Q3 2025 | -5% | -4.8 points |
| Q2 2025 | -30% | +36 points |
| Q1 2025 | -60% | -291 points |
| Q4 2024 | 41% | +4.8 points |
EXOD's operating margin was −28% last quarter, down 23 points from the same quarter a year ago.
SNDK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11B | +378% |
| Q2 2026 | $9B | +372% |
| Q1 2026 | $6B | +251% |
| Q4 2025 | $3B | +61% |
| Q3 2025 | $2.3B | +23% |
| Q2 2025 | $1.9B | +8% |
| Q1 2025 | $1.7B | -0.6% |
| Q4 2024 | $1.9B | +13% |
SNDK has the edge over EXOD on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 80% | +72 points |
| Q2 2026 | 78% | +78 points |
| Q1 2026 | 69% | +180 points |
| Q4 2025 | 35% | +25 points |
| Q3 2025 | 7.6% | -9 points |
| Q2 2025 | 0.9% | N/A |
| Q1 2025 | -111% | -122 points |
| Q4 2024 | 10% | +6.6 points |
SNDK has the edge over EXOD on profitability, with a higher operating margin.
EXOD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$26.3M | -$21.4M |
| Q2 2026 | -$49.6M | -$44.2M |
| Q1 2026 | -$2.6M | +$3.6M |
| Q4 2025 | -$9.1M | -$3.9M |
| Q3 2025 | -$4.8M | +$78K |
| Q2 2025 | -$5.4M | -$3M |
| Q1 2025 | -$6.2M | -2172% |
| Q4 2024 | -$5.3M | -$3M |
EXOD has burned cash in eight of the last eight quarters: −$88M over the past year, against −$22M the year before.
SNDK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $6.3B | +1340% |
| Q2 2026 | $7.1B | +14355% |
| Q1 2026 | $3B | +$3B |
| Q3 2025 | $438M | +$636M |
| Q2 2025 | $49M | +$217M |
| Q1 2025 | -$18M | +$23M |
| Q3 2024 | -$198M | -$157M |
SNDK has the edge over EXOD on cash generation, producing positive trailing cash flow while its opponent burns cash.
EXOD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.6% | +493K shares |
| 1 year | -5.5% | -1.8M shares |
| 3 years | +18% | +4.6M shares |
| 5 years | +21% | +5.3M shares |
| Available history | +34% | +7.8M shares |
EXOD has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $181,000 |
| Q2 2026 | $726,000 |
| Q1 2026 | $1.3M |
| Q4 2025 | $2.3M |
| Q3 2025 | $2.9M |
| Q2 2025 | $4.2M |
| Q1 2025 | $5.6M |
| Q4 2024 | $2.7M |
EXOD spent $5M buying back its own shares over the past year, down 70% from the year before.
SNDK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -1M shares |
| 1 year | +3.4% | +5M shares |
| 3 years | +6.9% | +10M shares |
SNDK has 154M diluted shares, up 3.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5B |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
EXOD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | -5.7x | Net Cash |
| Q4 2025 | -0.2x | Net Cash |
| Q3 2025 | -0.4x | Net Cash |
| Q2 2025 | -0.5x | Net Cash |
| Q1 2025 | -1.4x | Net Cash |
| Q4 2024 | -0.3x | Net Cash |
| Q3 2024 | -0.4x | Net Cash |
| Q2 2024 | -0.4x | Net Cash |
EXOD has more cash than debt.
SNDK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
SNDK has more cash than debt.
EXOD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.4 | Neutral |
| Stochastic | 9.5 | Oversold |
EXOD's weekly RSI is 39 (neutral) and its Stochastic is 9 (oversold).
SNDK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 10.6 | Oversold |
SNDK's weekly RSI is 40 (neutral) and its Stochastic is 11 (oversold).
EXOD PE vs Technology Sector
| Metric | EXOD | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
EXOD has no meaningful PE right now: it lost money over the past year.
SNDK PE vs Technology Sector
| Metric | SNDK | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 28x | 73% below |
| PE % | 4 | 27 | 23 pts below |
SNDK is trading at 7.5x earnings, a 73% discount to the Technology sector's median of 28x, though its earnings don't support one.
EXOD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.77 | 16% below |
| 20 week MA | $6.04 | 20% below |
| 50 week MA | $8.45 | 43% below |
| 100 week MA | $21.5 | 77% below |
| 200 week MA | $14.7 | 67% below |
SNDK has stronger trend alignment. EXOD is above 0 of 5 weekly averages versus SNDK above 0 of 3.
SNDK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,317.5 | 29% below |
| 20 week MA | $1,465.4 | 36% below |
| 50 week MA | $1,119.6 | 16% below |
SNDK is in a downtrend: it's below all three of its weekly moving averages, and 16% below its 50-week average.
EXOD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $25.3 | $21.0 | -17% |
| 2022 | $21.0 | $1.25 | -94% |
| 2023 | $1.25 | $2.30 | +84% |
| 2024 | $2.30 | $40.6 | +1664% |
| 2025 | $40.6 | $15.1 | -63% |
| 2026 YTD | $15.1 | $4.83 | -68% |
EXOD's yearly returns have swung widely, from +1664% in 2024 to −94% in 2022. It's down 68% so far in 2026.
SNDK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $50.4 | $250.1 | +396% |
| 2026 YTD | $250.1 | $937.5 | +275% |
SNDK has the edge over EXOD on returns for 2026, with the stronger performance.